Shares of Allied Properties Real Estate Investment Trust (TSE:AP.UN – Get Free Report) have earned a consensus rating of “Hold” from the eight research firms that are covering the firm, Marketbeat reports. Five analysts have rated the stock with a hold rating and three have given a buy rating to the company. The average 12-month price objective among brokers that have issued ratings on the stock in the last year is C$19.67.
A number of brokerages have recently commented on AP.UN. Raymond James lowered their price target on Allied Properties Real Estate Investment Trust from C$19.00 to C$18.00 in a report on Friday, September 6th. Scotiabank lowered their price target on Allied Properties Real Estate Investment Trust from C$21.25 to C$21.00 and set an “outperform” rating on the stock in a report on Thursday, August 1st. National Bankshares raised their price target on Allied Properties Real Estate Investment Trust from C$18.00 to C$20.00 in a report on Wednesday, October 9th. Canaccord Genuity Group raised their price target on Allied Properties Real Estate Investment Trust from C$17.50 to C$18.50 and gave the company a “hold” rating in a report on Monday, September 23rd. Finally, Desjardins lowered their price target on Allied Properties Real Estate Investment Trust from C$19.00 to C$18.50 and set a “hold” rating on the stock in a report on Thursday, August 1st.
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Allied Properties Real Estate Investment Trust Price Performance
About Allied Properties Real Estate Investment Trust
Allied is a leading owner-operator of distinctive urban workspace in Canada's major cities. Allied's mission is to provide knowledge-based organizations with workspace that is sustainable and conducive to human wellness, creativity, connectivity and diversity. Allied's vision is to make a continuous contribution to cities and culture that elevates and inspires the humanity in all people.
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